$BTC Bitcoin Market Outlook
BTC trades near $115.5K, holding firm below its $124.4K ATH, with dominance at 57.8%. Institutional capital is fueling growth in Bitcoin DeFi, where innovations like Bitlayer rollups, BitVM bridges, and yield tools such as Solv’s $BTC + vault are unlocking new opportunities.
With 64.9% bullish funding and 63.3% positive sentiment, momentum leans upward, yet profit-taking and liquidation risks remain. Traders should watch $116K support and $124.4K resistance, balancing yield-focused strategies with caution. BTC’s evolution into a yield-bearing asset signals long-term strength, but discipline is key in the short
